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516 2 Avenue Ne, Airdrie, AB

Name: 516 2 Avenue Ne, For Sale in Airdrie - eXp Realty
Brand: CIR REALTY
SKU: A2278819
Price: 485000 CAD

House

For Sale

$--,---,---

325

MLS® A2278819

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1078 sqft

Garage Yes

Taxes $3,686

Days Active 1

Lot Size 0.21 acres

Approx. Age 1970

Avg. Price Per Sqft $449

MLS® Number A2278819

Property Address: 516 2 Avenue Ne, Airdrie, AB, T4B1R4

Average square foot calculated using Size range provided by listing agent.

Description

INVESTOERS ALERT!!!! Welcome to Old Town Airdrie—a prime location in the Service Commercial District (CS) that offers real opportunity for developers and savvy buyers. This property sits on a 75 x 120ft lot that could be used in a multitude of different ways for future development, or kept intact as a move-in ready home with a live/work setup. The current improvements consist of a fully developed 1, 078 sq ft air-conditioned bungalow that has been extensively upgraded inside and out. On the main level you’ll find two bedrooms with California closets, a large office/den with built-in shelving, and an open-concept kitchen and dining area featuring, SS appliances, a gas stove & granite countertops and a breakfast bar. The front entrance opens to a bright living room with a fully operational brick fireplace and gas lighter, adding both ambiance and warmth. The master bedroom opens directly onto a huge deck, perfect for outdoor entertaining. The main level also includes a fully updated four-piece bath. The lower level is fully developed with an additional bedroom, a three-piece bath, laundry, and a spacious games or family room that includes an efficient firebox-style insert for cozy winter nights. Parking is ample, with space for six vehicles and an oversized single-car garage/shop that provides flexible space for a home office, studio, or small business operations. This is a rare blend of residential comfort with instant live/work potential in a walkable, revitalizing neighborhood. From an investment perspective, the property’s CS zoning and subdivision potential into three lots offer multiple exit strategies: you can subdivide for sale as individual parcels, assemble for a larger development, or maintain a single-site live/work configuration with ongoing cash flow. Old Town Airdrie benefits from high visibility and easy access to major corridors, services, and amenities, making it attractive for both tenants and buyers seeking convenience and character. The neighborhood offers a mix of local shops, dining, parks, schools, and transit options that support sustained demand for versatile spaces. Note - some of the pictures are virtually staged.Show Description

MLS® NumberA2278819

Laundry LevelNone

Central VacNo

FireplaceNo

Acreage0.21

Exterior

GarageYes

Approx. Age1970

BasementFull

DrivewayCarport, Single Garage Detached

Garage Spaces1

Heat

A/C

Heating Fuel

Extras

none

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Home Appraisal

This property is estimated to sell between: $428,000 and $514,000.

Similar properties in this area sold on average for: $428,409

Expected to sell in 26 days. Similar properties sold in 27 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.